$BTC # Bitcoin News

*Market Overview*

Bitcoin's price has recovered to the $108,000 level, currently trading at approximately $106,213.42, reflecting a slight decrease of 0.85% compared to the previous close. This decline comes amid ongoing volatility in the cryptocurrency market.

*Key Developments*

- *Strategic Bitcoin Reserve*: President Donald Trump signed an executive order to establish a strategic Bitcoin reserve, enhancing Bitcoin's status as a national reserve asset.

- *Record Inflows to Bitcoin ETFs*: U.S. spot Bitcoin ETFs recorded one of their largest daily inflows, reflecting sustained institutional demand.

- *Anticipation for Upcoming Events*: Investors are closely monitoring upcoming economic events and updates from the Securities and Exchange Commission (SEC) regarding cryptocurrency-linked exchange-traded funds.

*Market Sentiment*

- *Fear and Greed Index*: The cryptocurrency fear and greed index has risen to 43, indicating a shift from extreme fear to moderate fear among investors.

- *Investor Confidence*: The overall market sentiment has shown signs of recovery with rising investor confidence, driven by positive price movements and institutional activities ¹.$BTC